upper level job

How much does a Residential Property Manager I make?

As of April 01, 2025, the average annual salary for a Residential Property Manager I in the United States is $77,425. According to Salary.com, salaries can range from a low of $58,244 to a high of $94,529, with most professionals earning between $67,385 and $86,378.

Residential Property Manager I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $86,378 $7,198 $1,661 $42
Average $77,425 $6,452 $1,489 $37
25th Percentile $67,385 $5,615 $1,296 $32

Average Salary

25% $67,385 10% $58,244 90% $94,529 75% $86,378 $77,425 50%(Median)
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How much does a Residential Property Manager I make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Residential Property Manager I salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Residential Property Manager I hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Residential Property Manager I's Salary?

An entry-level Residential Property Manager I with less than 1 year of experience earns about $73,679. With 1-2 years of experience, the average salary increases to $74,128. For 2-4 years of experience, the pay typically rises to $75,627. Senior-level professionals with 5-8 years of experience earn around $77,425, and those with over 8 years of experience can expect an average of $79,697.

Levels Salary
Entry Level Residential Property Manager I $73,679
Intermediate Level Residential Property Manager I $74,128
Senior Level Residential Property Manager I $75,627
Specialist Level Residential Property Manager I $77,425
Expert Level Residential Property Manager I $79,697
$73,679 0 yr
$74,128 < 2 yrs
$75,627 2-4 yrs
$77,425 5-8 yrs
$79,697 > 8 yrs
Last Updated on April 01, 2025
Entry Level 5%
Mid Level 4%
Senior Level 2%
Top Level 0%
Experienced 3%
View as graph
Last Updated on April 01, 2025

How much does salary of Residential Property Manager I vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Residential Property Manager I is $96,696.
  • In New York, NY, the average annual salary is $89,728.
  • In Boston, MA, a Residential Property Manager I earns $86,352 per year.

What is the salary trend of Residential Property Manager I?

As of April 01, 2025, our research reveals a significant shift in Residential Property Manager I compensation over the past six years. For example, the median salary increased from $78,299 in 2023 to approximately $78,690 in 2024. (For a detailed analysis of Residential Property Manager I salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Residential Property Manager I Over Time

2020
$???
2021
$???
2022
$???
$78,299
2023
$78,690
2024
$78,082
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$78,299
2024
$78,690
2025
$78,082
2026
$???
Last Updated on April 01, 2025

Residential Property Manager I Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $78,299
2024 $78,690
2025 $78,082
2026 View More
Last Updated on April 01, 2025

Job Openings of Residential Property Manager I

Salary.com job board provides millions of Residential Property Manager I information for you to search for. Click on search button below to see Residential Property Manager I job openings or enter a new job title here.

Most Common Benefits for Residential Property Manager I

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.1%
Bonuses 0.0%
Social Security 5.5%
401k/403b 3.4%
Disability 0.6%
Healthcare 5.6%
Pension 4.0%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $77,425 72.1%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $5,923 5.5%
401K/403B $3,639 3.4%
Disability $619 0.6%
Healthcare $6,056 5.6%
Pension $4,258 4.0%
Time Off $9,529 8.9%
Total Compensation $107,450 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Residential Property Manager I with different levels of education?

Salaries for Residential Property Manager I with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Residential Property Manager I with a High School Diploma or Technical Certificate is $69,819 - $74,341. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Residential Property Manager I Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Residential Property Manager I
Degree Level % of user with this level of education
No Diploma 2.6%
High School 42.2%
Associates 17.0%
Bachelors 33.5%
Masters 4.3%
Doctorate 0.4%
Typical Education for Residential Property Manager I
No Diploma 2.6%
High School 42.2%
Associates 17.0%
Bachelors 33.5%
Masters 4.3%
Doctorate 0.4%
view as table

Residential Property Manager I Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Residential Property Manager I

1. What is the average salary of a Residential Property Manager I?

The average annual salary of Residential Property Manager I is $77,425. In case you are finding an easy salary calculator, the average hourly pay of Residential Property Manager I is $37; the average weekly pay of Residential Property Manager I is $1,489; the average monthly pay of Residential Property Manager I is $6,452.

2. Where can a Residential Property Manager I earn the most?

A Residential Property Manager I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Residential Property Manager I earns the most in San Jose, CA, where the annual salary of a Residential Property Manager I is $97,656.

3. What is the highest pay for Residential Property Manager I?

The highest pay for Residential Property Manager I is $94,529.

4. What is the lowest pay for Residential Property Manager I?

The lowest pay for Residential Property Manager I is $58,244.

5. What are the responsibilities of Residential Property Manager I?

Manages the daily operations of one or more residential properties or communities. Oversees sales/leasing, tenant relations, maintenance, and other support activities. May be responsible for managing property budgets, collections and/or property improvement initiatives. May require a bachelor's degree in related area. Typically reports to a head of a unit/department. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.

6. What are the skills of Residential Property Manager I

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.

3.)

Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Residential Property Manager I is $77,425 per year in the United States, updated at April 01, 2025.
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